Also, if these people only want to prevent their shares from declining, then by definition they are not the ones selling. If anything they are keeping the averages from even steeper loses.
So the question remains - who is selling and why? Back to square one: if tough trade talks are a benefit to our economy, why would stocks take a dive when the trade talks heat up/
Looks like these are unanswerable. At least for now.
90% of stocks are owned by 10% of people. Those are the ones selling and buying and computer trading. Not the 90% working people with their 401-k’s. And try to find out the turnover at mutual funds. It is huge. They hide it as best as they can, but by law that data is public.
Man that is so simple....corporations and stocks ALWAYS concern themselves no longer than 1 or 2 quarters.
The benefit of trade war with China = $400 Billion EVERY YEAR available in USA for manufacturing jobs. But it takes long time to build factories and hire and train productive workers.
In short, trade war with China will be pain for a year or two, but yuge long term benefits lasting many decades.
Also think of this...who does trade war hurts the most? It is the likes of Steve Forbes who benefit by bigger profits by owning stocks in multi-national corporations who have moved manufacturing to cheap labor countries.
Steve Forbes worries about Steve Forbes first, not the 90% ordinary middle class workers who have lost better paying manufacturing jobs.